This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Coin-Operated Laundry Machines require users to enter a requisite amount in coins to be able to use the machine for a specified time. Once the user has entered the amount the integrated timer in the machine sets up itself and does not require to be monitored.
Since the Coin-Operated Laundry Machines required the user to pay the usage amount in advance, there is no need for a separate billing counter. This means hassles free payments, and that too without long queues. This also saves the laundromat extra space for more machines and drying area.
Since these machines maintain records of time automatically and directly collect money from the users, no separate billing and time recording staff is required. Few support staff are still a requisite to clean the laundry area and assist the users, but their number is far less than those required in general washing and drying machines.
The global Coin-Operated Laundry Machines market is valued at 1960 million US$ in 2018 and will reach 2370 million US$ by the end of 2025, growing at a CAGR of 2.4% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Coin-Operated Laundry Machines market based on company, product type, end user and key regions.
This report studies the global market size of Coin-Operated Laundry Machines in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Coin-Operated Laundry Machines in these regions.
This research report categorizes the global Coin-Operated Laundry Machines market by top players/brands, region, type and end user. This report also studies the global Coin-Operated Laundry Machines market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Alliance Laundry Systems
Market size by Product
Market size by End User
School & Apartments
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Coin-Operated Laundry Machines market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Coin-Operated Laundry Machines market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Coin-Operated Laundry Machines companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Coin-Operated Laundry Machines submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Coin-Operated Laundry Machines are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Coin-Operated Laundry Machines market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.